Oil prices hitting packaging prices for Indian cement producers

India: High crude oil prices are forcing packaging costs to rise for cement producers. Data sourced from Capitaline shows that Ambuja Cements’ packaging material cost rose by 19% year-on-year in the 2018 financial year, according to the Mint business newspaper. Similarly, Shree Cement’s packaging costs rose by 9%. Both companies use high-density polyethylene bags, which are affected by the cost of oil. Crude oil prices have risen by around 24% to far in 2018 to above US$80/barrel.

13th Global CemFuels Conference & Exhibition 2019

The 13th Global CemFuels Conference & Exhibition on alternative fuels for the cement and lime industries will showcase the best alternative fuels projects and equipment from the cement industry in Europe and from around the world. Over 150 delegates are expected to attend, to learn from experts how to start to use - or to increase their use of - alternative fuels.